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Africa’s pension funds have the money. Can PIDG make it investable?

Africa 1 source 1 country 🔦 Under-reported 39m ago

The Private Infrastructure Development Group (PIDG) is launching an initiative to establish up to 10 guarantee platforms across Africa by 2030. The project aims to facilitate the investment of domestic pension fund capital into long-term, local-currency infrastructure projects.

This strategy follows PIDG’s recent $26 million exit from Nigeria’s InfraCredit, a model that provides guarantees to enhance the credit quality of local infrastructure bonds. By scaling this approach, PIDG seeks to bridge the gap between Africa’s available pension fund assets and the continent's significant infrastructure financing needs.

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Read the full story at the source The Africa Report · FR
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